#BreakoutTradingStrategy
**Breakout Trading Strategy: Catch the Momentum! š**
Breakouts can signal big movesāhereās how to trade them:
- **Key Levels**: Watch support/resistance zones. Breakouts above/below often mean momentum shifts.
- **Volume Confirmation**: High volume = stronger breakout. Low volume? Might be a fakeout!
- **Entry/Exit**: Enter after confirmation (e.g., candle close above resistance), set stop-loss below the breakout level.
- **Targets**: Aim for 1:2 or 1:3 risk-reward ratios.
Pro tip: Avoid chasingāwait for retests to reduce false signals!
#BreakoutTrading #DayTrading #TradingStrategy